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Oct 28, 2013
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, you don't pay tax. this reduces revenue by $300 billion a year. if it were a government program, it would be one of the largest within the federal government. the way the subsidy is structured, the higher the tax rate, the more it is worth. ted cruz, his wife is a highly paid investment banker, they get their insurance through a cadillac plan at goldman sachs and it cost $40,000 a year in 2009. to get a sense, family health insurance would cost 15,000 or 16,000, well more than twice as expensive as normal. the tax benefit is worth about $15,000. now the cost to insure a family of four on medicaid at that time was about $11,000. so that it's not that their health plan cost more than medicaid but the part subsidized by taxpayers cost more than the entirety of medicare coverage. what the affordable care act does is shift around the subsidies, it takes the money and puts it to people who need it either because they have low incomes or high health needs and that's bad if you're a managing director at goldman
, you don't pay tax. this reduces revenue by $300 billion a year. if it were a government program, it would be one of the largest within the federal government. the way the subsidy is structured, the higher the tax rate, the more it is worth. ted cruz, his wife is a highly paid investment banker, they get their insurance through a cadillac plan at goldman sachs and it cost $40,000 a year in 2009. to get a sense, family health insurance would cost 15,000 or 16,000, well more than twice as...
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Oct 31, 2013
10/13
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i will cut taxes. restore your prompt tax rebates. he raises property taxes. how does this work in new jersey? >> he cut the program and turned it into a direct credit. not only did he significantly reduce how much, most low income. middle-class homeowners and seniors receive. he converted it. instead of receiving a rebate check. you can then go out and spend. transferred into a direct credit on your property tax bill. shows up as a line when you get your tax bill. you no longer get that check. if this was the campaign commercial a month after he won election, i think that the results may have been a lot different. i think the takeaway is what he found is it is a lot harder when you are running the state and you are in control of the budget than when on the outside and you are criticizing the guy who is. >> crystal, it seems that he -- that he tries how to work this reputation as the straight talker. but it isn't actually based on doing what he says he would do. >> yeah, that's exactly right. and i mean in fairness. he doesn't tripe how y to work . he does wor
i will cut taxes. restore your prompt tax rebates. he raises property taxes. how does this work in new jersey? >> he cut the program and turned it into a direct credit. not only did he significantly reduce how much, most low income. middle-class homeowners and seniors receive. he converted it. instead of receiving a rebate check. you can then go out and spend. transferred into a direct credit on your property tax bill. shows up as a line when you get your tax bill. you no longer get that...
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Oct 29, 2013
10/13
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i would rather see our tax dollars spent on improving our kids' schools rather than defending this law. greg abott immediately filed an appeal to today's ruling. joining me now, msnbc and planned parenthood in houston, texas, one of the plaintiffs in the lawsuit. this must have been quiet a win down there today. >> yes, lawrence, thank you. this ruling is a victory for our parents. it's a ruling for women. it sends a clear signal across 50 states. it is unconstitutional for politicians to pass laws that take away the private personal health care decisions that women make in consultation with their physician. >> melanie, i just want to check one thing. the 30 mile rule of being knocked out, does that mean there won't be any facilities that will have to close as a result of any other provisions in this law? >> well, that remains to be seen. but what this does mean is that women across the state will have access to abortion care preserved for them. >> crystal, here is a george w. bush judge looking at what this lu legislature did and saying that it cannot stand. >> yes. and the piece that
i would rather see our tax dollars spent on improving our kids' schools rather than defending this law. greg abott immediately filed an appeal to today's ruling. joining me now, msnbc and planned parenthood in houston, texas, one of the plaintiffs in the lawsuit. this must have been quiet a win down there today. >> yes, lawrence, thank you. this ruling is a victory for our parents. it's a ruling for women. it sends a clear signal across 50 states. it is unconstitutional for politicians to...
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Oct 29, 2013
10/13
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that's a republican saying, okay, we'll take higher taxes and more spending. the tea party is looking like it will get railroaded on this because a lot of republicans do care about pentagon spending. $25 billion is coming out of the pentagon next year and they are already carping about the $50 billion that hit this year. so they think they need $50 billion back. they don't want to give up another 25. so you're right. democrats have a lot of leverage. that's what harry reid was saying recently. they feel like they have leverage. they can even get tacks out of this. >> i think i was arguing a counter-point. the idea, steve, of how much sway the tea party has at this point, i think the jury is still out. you have tom cole, who has been a moderate basically all along but forced at specific moments during the shutdown and after the fact to go along with fractious strategy than he would have preferred. i wonder just where the republican party will find its center. >> let me put an uncomfortable truth out there. it's not just the tea party driving this process. fisca
that's a republican saying, okay, we'll take higher taxes and more spending. the tea party is looking like it will get railroaded on this because a lot of republicans do care about pentagon spending. $25 billion is coming out of the pentagon next year and they are already carping about the $50 billion that hit this year. so they think they need $50 billion back. they don't want to give up another 25. so you're right. democrats have a lot of leverage. that's what harry reid was saying recently....
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Nov 5, 2013
11/13
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does it make a difference if the firefighter who rescues you is gay or the accountant who does your taxes or the mechanic who fixes your car? these companies know that it's both the right thing to do and makes good economic sense. they want to attract and retain the best workers and discrimination makes it harder to do that. the first openly gay senator said this. >> rights are sometimes intangible but boy, if you have ever been discriminated against seeking employment or seeking an advancement, it's bitter. and it's been a long, long fight but i think its day has come. it's just very exciting to witness and be a part of. >> joining me is congressman from colorado who is one of seven openly gay members. what are the prospects for this bill coming over to the house of representatives? >> i think it's good and getting better and better. it's a mainstream american value that people shouldn't be judged by who they love and who they date. at work, it's about how well you do at work, how effective you are and your efficiency. and frankly americans are wanting to make sure that we have a fair co
does it make a difference if the firefighter who rescues you is gay or the accountant who does your taxes or the mechanic who fixes your car? these companies know that it's both the right thing to do and makes good economic sense. they want to attract and retain the best workers and discrimination makes it harder to do that. the first openly gay senator said this. >> rights are sometimes intangible but boy, if you have ever been discriminated against seeking employment or seeking an...
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Nov 1, 2013
11/13
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. >> we need to delay the mandate tax. we need to fix this problem. >> it's been a rough couple weeks in washington. >> the shutdown was so magnificent, run beautifully. i'm so proud of these republicans. >> it's an american horror story politically. >> happy halloween. >> now that raphael call me ted cruz, he might need to get his father to tone it down, too. >> the attacks not just come from the liberals. the attacks come from the other side too. all these republicans in name only. washington is not used to what they have seen with senator ted cruz. as a matter of fact, one of those rhinos came to him within the first months like that saying, now, look, you're a junior senator. you're supposed to be quiet. and he said, i was not elected to be quiet. i'm not going to be quiet. >> was that john mccain that said that? >> i refuse to answer on the grounds that it might incriminate me. >> of course raphael cruz senior saves his harshest language for the president of the united states. >> we have our work cut out for us. we ne
. >> we need to delay the mandate tax. we need to fix this problem. >> it's been a rough couple weeks in washington. >> the shutdown was so magnificent, run beautifully. i'm so proud of these republicans. >> it's an american horror story politically. >> happy halloween. >> now that raphael call me ted cruz, he might need to get his father to tone it down, too. >> the attacks not just come from the liberals. the attacks come from the other side too. all...
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Oct 30, 2013
10/13
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explained by law, you have to be offered another policy and 50% of those people are going to get a tax credit to help them purchase a better insurance policy at a lower overall cost. so again, i think the secretary explained that well as you indicated, there were some people who wouldn't accept the answers even though they were accurate answers. >> this was a opportunity for people at home who were still uncertain about the website to hear from the person leading the way, but is there anything in the hours long hearing today that would make the process better? the website, getting people in all states to sign up for affordable health care. >> as you know, there's some states that are moving ahead on their own and then there are the other states part of the federal system. and some of the states are way ahead of the game, the state of kentucky has been a great example. thousands of people signing up. the administration was brought in the new point person, the one who created that punch list and said they were going to work through the punch list so they can have the system up and runnin
explained by law, you have to be offered another policy and 50% of those people are going to get a tax credit to help them purchase a better insurance policy at a lower overall cost. so again, i think the secretary explained that well as you indicated, there were some people who wouldn't accept the answers even though they were accurate answers. >> this was a opportunity for people at home who were still uncertain about the website to hear from the person leading the way, but is there...
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Oct 30, 2013
10/13
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favored tax cuts for the wealthy and really clamping down on the budget. but he is playing a traditional role here. there are republicans for decades who owe their very, they were fiscal tighttightwads. they believed in social programs helping the poor. bob dole very much like that. i've remember talking recent leap during the sequester cuts to felt low who runs meals on whemz in texas. he said, listen, republicans used to be our best friend. they would love meals on wheels. i can't get them to return our calls. what kasich is doing, how far, the party, conservatives, all conservative movement has moved off to the right. the worst thing to be is a compassion nl conservaticom compassionate conservative. >> i think he realized there were times when he was pushing ohio too far to the right. his poll numbers have suffered because of that. latest poll in kates he is -- latest poll indicates. he is at 35. he is at 38. bad looking poll for an incumbent governor. politics is what moves governors' opinions all the time. and the fact that hea ends up i the right pla
favored tax cuts for the wealthy and really clamping down on the budget. but he is playing a traditional role here. there are republicans for decades who owe their very, they were fiscal tighttightwads. they believed in social programs helping the poor. bob dole very much like that. i've remember talking recent leap during the sequester cuts to felt low who runs meals on whemz in texas. he said, listen, republicans used to be our best friend. they would love meals on wheels. i can't get them to...
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Nov 1, 2013
11/13
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don't make the banks pay taxes. don't make google and amazon and apple pay taxes. let them keep their money. >> i understand. let's talk -- let's talk about the big issue. >> it's collapsing. >> let's talk about the big issue and i think we agree on this. by the way, i agree, we shouldn't slash and burn the 12, 13, 14% and leave the big entitlement systems out of touch. you have harry reid asked in an interview about medicare and social security. he said why do you keep bringing it up? you are obsessed with it. we are not going to do anything on those. we are not going to touch those. that's where the long term -- if we want to save america from debt, that's the long term fix. >> the biggest cost in the system, we keep coming back to it is health. it's out of sight. look at the curves. we both look at the curves, the costs of this are out of control. we know that we are spending $750 billion extra this year on health care in our country from what we ought to be spending. the way to get at that, stop the abuses from these hospitals which are the single hospitals in
don't make the banks pay taxes. don't make google and amazon and apple pay taxes. let them keep their money. >> i understand. let's talk -- let's talk about the big issue. >> it's collapsing. >> let's talk about the big issue and i think we agree on this. by the way, i agree, we shouldn't slash and burn the 12, 13, 14% and leave the big entitlement systems out of touch. you have harry reid asked in an interview about medicare and social security. he said why do you keep...
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Nov 3, 2013
11/13
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we talked about mental health yesterday. >> but our taxes are at historic lows, katon, our taxes are at historic lows, and the fact is, there isn't any other entity big enough and worthy enough and willing enough to give the kind of stimulus necessary, right? what we've seen is that private industry, despite its huge profits, is holding on to job creation, it's holding on to dollars, it's not investing, and when you shut the government down, they become even less willing to. >> and melissa, to your point, and katon, all of these dollars, they're not going to be saved. they're going to go plowing right back into the economy, to the small business, to the grocery stores. >> so they can then hire another -- >> do you agree that we've got to start prioritizing our spending some time -- >> yes, i would say we prioritize feeding children! >>> coming up next, the faces behind the figures from the s.n.a.p. cuts. we'll meet just a few of the 47 million people in the crosshairs. and if you missed it last night, don't worry, because we're going to show you how scandalous things got on "saturday
we talked about mental health yesterday. >> but our taxes are at historic lows, katon, our taxes are at historic lows, and the fact is, there isn't any other entity big enough and worthy enough and willing enough to give the kind of stimulus necessary, right? what we've seen is that private industry, despite its huge profits, is holding on to job creation, it's holding on to dollars, it's not investing, and when you shut the government down, they become even less willing to. >> and...
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Oct 29, 2013
10/13
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it will give us a playing field where we can argue for lower taxes, less regulation, smaller government, strong military, et cetera. but if we don't pass it, we will not compete for the hispanic vote. >> if we don't pass it, we will not compete for the hispanic vote. do you think he's right? >> yeah, i think he's absolutely right, and i actually would make an argument for not only the hispanic vote but also for independent voters, right? so, immigration reform and the current moral crisis that exists in our community because, you know, 1,100 people are getting deported every day that president obama doesn't halt the deportations and every day the house republicans don't act on this bill. so, i think americans have tuned in to that. i think americans understand the crisis that our community is faced with every day, and they tie that to the inaction. i mean, but republicans have now this track where they have to first fail at something to then realize that it's political suicide for them to continue on that destructive path. >> that's a good point, and that is exactly the dynamic that had
it will give us a playing field where we can argue for lower taxes, less regulation, smaller government, strong military, et cetera. but if we don't pass it, we will not compete for the hispanic vote. >> if we don't pass it, we will not compete for the hispanic vote. do you think he's right? >> yeah, i think he's absolutely right, and i actually would make an argument for not only the hispanic vote but also for independent voters, right? so, immigration reform and the current moral...
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Oct 30, 2013
10/13
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there is over a trillion dollar of tax increases. so we've had a lot of tax increases. tax revenue is at a record high as a percent annual of gdp, it's above its historical average. there is a lot of revenue coming in. i think we ought to be focusing on restructuring the mandatory spending. the entitlement programs so they will be viable and we're on a sustainable fiscal path. >> senator pat toomey, thank you very much. great to have you on the show. >> thanks for having me, guys. >>> coming up, our next guest company has been selling online health insurance for 15 years. so what's his advice for obama care in the ceo of e-health joins us next when "morning joe" comes right back. thrusters at 30%! i can't get her to warp. losing thrusters. i need more power. give me more power! [ mainframe ] located. ge deep-sea fuel technology. a 50,000-pound, ingeniously wired machine that optimizes raw data to help safely discover and maximize resources in extreme conditions. our current situation seems rather extreme. why can't we maximize our... ready. ♪ brilliant. let's get out
there is over a trillion dollar of tax increases. so we've had a lot of tax increases. tax revenue is at a record high as a percent annual of gdp, it's above its historical average. there is a lot of revenue coming in. i think we ought to be focusing on restructuring the mandatory spending. the entitlement programs so they will be viable and we're on a sustainable fiscal path. >> senator pat toomey, thank you very much. great to have you on the show. >> thanks for having me, guys....
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Oct 28, 2013
10/13
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john, a fascinating cover talked about how regulations and taxes are driving u.s. corporations. >> what's interesting, if you look at american capitalism, you think of capitalism as big companies. what we have always analyzed. like fracking. some have to pay out all the money they make in the year. one example we use is a man who was looking like he was going to be the head of enron and now worth $100 billion. that's partly because he has been clever and the structure allows you to not pay as much tax and get out of the regulation that everyone else has to follow. >> it's a fascinating dynamic where they look at the energy. the mlps, even though they are keeping profits, they are part of what helped build this boom in the country. some people look at it as rich getting richer and others say this is part of what is good about the energy boom. >> it's both. to some extent it's rich people who invest and on the other hand it's a new way of investing. you would like to have more ways to do these things, but the thing that strikes us is you don't want to end up with tax
john, a fascinating cover talked about how regulations and taxes are driving u.s. corporations. >> what's interesting, if you look at american capitalism, you think of capitalism as big companies. what we have always analyzed. like fracking. some have to pay out all the money they make in the year. one example we use is a man who was looking like he was going to be the head of enron and now worth $100 billion. that's partly because he has been clever and the structure allows you to not...
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Oct 31, 2013
10/13
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i like republicans more because i don't like taxes or regulation. i don't like any of them. i want this thing to work. you're a candidate republican or demonstrate that's what you have to resemble. >> if you're a candidate for office and want to be in public service and thinking about doing it for the first time in 2014, look yourself in the mirror can you effect change by being a member of elter party or effect change by blowing twoup parties. two parties -- best thing to happen to both parties in '92 was perot. they recalibrate -- clinton wasn't talking about reduction until ross perot shoipd. republicans forgot how to reach out to economic populace. if you want to effect change in 2014 you have to think about it. >> when they are saying independent, i think independent tone of voice. as far as voters are concerned chris christie is independent. obviously he's not, he's a republican. they are searching for a voice. not a question of, i don't want republicans, i don't want democrats, i don't want business as usual. >> that's what they are saying. >> joe manchin fits that bi
i like republicans more because i don't like taxes or regulation. i don't like any of them. i want this thing to work. you're a candidate republican or demonstrate that's what you have to resemble. >> if you're a candidate for office and want to be in public service and thinking about doing it for the first time in 2014, look yourself in the mirror can you effect change by being a member of elter party or effect change by blowing twoup parties. two parties -- best thing to happen to both...